Feb 16

Warwick Wealth Matters – February 2023

Enhanced Fund Offering and Choice Provided to Warwick Clients

February is a big month for our country, hosting as it does the opening of Parliament and State of the Nation address along with the National Budget speech. In the run-up to this year’s SONA, calls were made for “less talk and more action”. Others called for a more ‘business-like’ SONA that set out clear deliverables that could be measured and evaluated on an annual basis. Ultimately, President Ramaphosa delivered a little of both. More action-orientated and less idealistic than previous speeches, the stark challenges facing our country were laid out in some detail, with the energy crisis taking centre stage. It remains to be seen whether the declaration of the state of disaster and impending appointment of a Minister of Electricity will generate heat and light, or smoke and mirrors.

Some would argue that the ‘real’ state of the nation will be delivered by the Minister of Finance, Enoch Godongwana, on Wednesday 22 February and we will provide you with a brief summary of the key points emerging from the speech.

While the national debate rages about the future recovery of our country, Warwick has been extraordinarily industrious in configuring for our clients a new and exciting range of fund offerings and asset management choices. This is one of the most important developments in our company history and we are excited by the opportunities it provides to our valued clients and professional network.

More detail is provided within the Warwick Wealth Matters and we would encourage you to speak to your Warwick Wealth Specialist or financial adviser about these new funds and offerings in order to enjoy optimal benefit.